DISTRIPAIN
ActiveDISTRIPAIN has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €963k and a net result of €164k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 91% of 2091 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+5
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 4.28 against 3.28 in 2023), and 20.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
79.9%
Return on assets
13.6%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
22 d late
2022
29 d late
2021
2 d early
2020
1 d early
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€164k▲ 28.3%
2023 · €127k
2018: €39k
2019: €52k
2020: €-33k
2021: €35k
2022: €23k
2023: €127k
2018 → 2024
Working capital
€544k▲ 52.2%
2023 · €357k
2018: €228k
2019: €207k
2020: €182k
2021: €234k
2022: €276k
2023: €357k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€614k-€649k▲ 5.7%€672k▲ 3.6%€799k▲ 19.0%€963k▲ 20.5%
Operating result€-43k-€56k€39k▼ 30.9%€196k▲ 404%€229k▲ 16.8%
Net result€-33k-€35k€23k▼ 34.0%€127k▲ 452%€164k▲ 28.3%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 17% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.20M
Fixed assets
€495k▼ 8.5%
Current assets
€710k▲ 38.0%
Equity and liabilities €1.20M
Equity
€963k▲ 20.5%
Debt
€242k▼ 5.5%
The debt ratio falls from 24.3% to 20.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€274k▲
2023 · €237k
Cash flow
€209k▲
2023 · €168k
Solvency
79.9%▲
2023 · 75.7%
Current ratio
4.28▲
2023 · 3.28
Quick ratio
4.27▲
2023 · 3.24
Debt / equity
0.25▼
2023 · 0.32
ROE
17.0%▲
2023 · 16.0%
ROA
13.6%▲
2023 · 12.1%
Interest coverage
49.09▲
2023 · 22.38
Debt
€242k▼
2023 · €256k
Debt ≤ 1 year
€166k▲
2023 · €157k
Debt > 1 year
€76k▼
2023 · €99k
Income taxes
€62k▲
2023 · €60k
Staff costs
€156k▲
2023 · €128k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.06M€1.20M▲
Fixed assets21/28€541k€495k▼
Tangible fixed assets22/27€541k€495k▼
Land and buildings22€444k€424k▼
Plant, machinery and equipment23€42k€33k▼
Furniture and vehicles24€41k€31k▼
Other tangible fixed assets26€14k€7k▼
Financial fixed assets28€485-
Current assets29/58€514k€710k▲
Amounts receivable after more than one year29€156k€156k=
Other amounts receivable291€156k€156k=
Stocks and contracts in progress3€6k€2k▼
Stocks30/36€6k€2k▼
Amounts receivable within one year40/41€134k€144k▲
Trade receivables40€79k€86k▲
Other amounts receivable41€55k€59k▲
Cash at bank and in hand54/58€215k€404k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.20M▲
Equity10/15€799k€963k▲
Contributions10/11€19k€19k=
Reserves13€502k€502k=
Distributable reserves133€502k€502k=
Profit (loss) carried forward14€279k€442k▲
Amounts payable17/49€256k€242k▼
Amounts payable after more than one year17€99k€76k▼
Financial debts170/4€99k€76k▼
Amounts payable within one year42/48€157k€166k▲
Current portion of amounts payable after more than one year42€29k€30k▲
Trade debts44€48k€17k▼
Suppliers440/4€48k€17k▼
Taxes, remuneration and social security45€80k€119k▲
Taxes450/3€55k€88k▲
Remuneration and social security454/9€25k€30k▲
Accrued charges and deferred income492/3€532-
Income statement
Code20232024
Non-recurring operating income76A€40k€2k▼
Remuneration, social security and pensions62€128k€156k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€45k▲
Other operating charges640/8€10k€9k▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€377k€439k▲
Operating profit (loss)9901€196k€229k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€11k€6k▼
Recurring financial charges65€11k€6k▼
Profit (loss) for the period before taxes9903€188k€226k▲
Income taxes67/77€60k€62k▲
Profit (loss) for the period9904€127k€164k▲
Profit (loss) for the period to be appropriated9905€127k€164k▲
Appropriation of the result
Profit (loss) to be appropriated9906€279k€442k▲
Profit (loss) brought forward from the previous period14P€151k€279k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €164k ▲28.3%
Operating result €229k, net result €164k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-33k ▼163%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Onderwijsstraat 611070 AnderlechtGround area
255 m²
Building footprint
256 m²
Volume, LiDAR
1,672 m³
Parcel 21305B0259/00C011, Brussels · tallest building 18.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Onderwijsstraat 61, 1070 Anderlecht
since 19942.067.287.556
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0259/00C011 | Brussels | 255 m² | 1 · 256 m² | 18.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderlecht2.067.287.556
Similar companies · same sector, comparable size
BAKKERIJ CARL
BE 0462.557.564
Bonheiden · Eq €956k
STEFLOR
BE 0702.870.512
Ingelmunster · Eq €975k
BACKEREI - KONDITOREI - KOCKARTZ
BE 0419.677.032
Raeren · Eq €950k
BAKKERIJ THYSSEN
BE 0442.004.056
Sint-Gillis-Waas · Eq €948k
L'ARTISANALE DE DAVID LAURENT
BE 0873.923.181
Braine-l'Alleud · Eq €943k
Of 4,200 companies in sector 10712 we hold annual accounts for 1,851. 919 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-05-1994
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
15812
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.